Business Savings

Passbook Saving – Our Basic Savings Account

No Minimum Balance
Interest Paid Quarterly
Contact a First State Bank Minnesota Representative for Interest Rates
Unlimited in Person Withdrawals From the Bank
6 Other Withdrawals Per Month* (See Note A Below)
No Monthly Fee

Hi Fi Savings – A Higher Yield for a Minimum Balance

$1,000.00 Minimum Balance
Interest Paid Monthly
Contact a First State Bank Minnesota Representative For Current Interest Rates
Unlimited In Person Withdrawals
6 Other Withdrawals Per Month* (See Note A Below)
$10.00 Monthly Fee will be Charged if the Account Falls Below $1,000.00

Investment Savings – Savings with a Premium Rate for Larger Balances

$30,000.00 Minimum Balance
Interest Paid Monthly
Tiered Interest Rates at $30,000.00, $60,000.00, & $90,000.00
Contact a First State Bank Minnesota Representative For Current Interest Rates
Unlimited In Person Withdrawals
6 Other Withdrawals Per Month* (See Note A Below)
$25.00 Monthly Fee will be Charged if the Account Falls Below $30,000.00

 
* Note A: You may make six (6) transfers from your account each four (4) week or similar period, if preauthorized or automatic transfer, or telephone (including data transmission) agreement, order or instruction or by check, draft, debit card or similar order (including POS transactions), made by the depositor and payable to third parties. Transfers and withdrawals made in person, by messenger, by mail or at an ATM are unlimited.